We would like to remind Medicare Beneficiaries that Open Enrollment for Medicare Part D (prescription drug coverage) starts Oct. 15 and runs through Dec. 7.
During Medicare Part D Open Enrollment, you have the opportunity to review and compare the plans that are available in Montana and can choose to enroll in a new plan. Medicare Part D plans are allowed to change their coverage every year, so it is important that you take the time to review any coverage information your Part D insurer has sent you this fall. This will ensure your plan’s coverage will still meet your needs in 2024.
Each Part D plan has a monthly premium, preferred or standard pharmacies, a formulary (list of covered drugs), a deductible and a tier system (cost-sharing) which affect its overall yearly cost.
By using the comparison tool through the Medicare Plan Finder, you can see in which plans your drugs are covered and what your estimated yearly costs will be (for each plan) in 2024.
If you would like assistance with the Medicare Plan Finder and reviewing your plan’s materials, we are happy to help you review and compare your current plan.
If you choose to change plans, we can assist you with enrolling in a new plan.
Call us Monday through Friday from 8 a.m. to 5 p.m. at 406-653-6221 to schedule an appointment in Wolf Point or Culbertson with Julie Bach or me.
You can also compare this information yourself by going online to www.medicare. gov/plan-compare or by calling 1-800-MEDICARE (1800-633-4227).